NYLI PineStone Global Equity Class A (FCGEX)
| Fund Assets | 44.55M |
| Expense Ratio | 1.15% |
| Min. Investment | $1,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 1.23 |
| Dividend Yield | 5.79% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 20.06 |
| YTD Return | 4.62% |
| 1-Year Return | 6.63% |
| 5-Year Return | 76.21% |
| 52-Week Low | 17.16 |
| 52-Week High | 21.24 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Apr 28, 2017 |
About FCGEX
NYLI PineStone Global Equity Fund Class A is an actively managed mutual fund designed to seek long-term capital appreciation by investing in a diversified portfolio of high-quality, large-cap growth companies around the world. Managed by PineStone Asset Management and overseen by experienced leaders with decades in the industry, the fund follows a rigorous, bottom-up investment process that emphasizes quality and high conviction in stock selection. It typically maintains a concentrated portfolio, with over half of its assets in its top ten holdings, spanning sectors such as technology, consumer cyclical, financial services, and communication services. The fund invests across both U.S. and international markets, with approximately one-third of assets in foreign equities, aiming to capture growth opportunities globally. Classified in the Global Large-Stock Growth category, it is benchmarked against the MSCI World Index and is positioned as a specialist strategy for investors seeking exposure to leading companies worldwide while benefiting from disciplined, long-term portfolio management.
Performance
FCGEX had a total return of 6.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.69%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| FCGIX | Class I | 0.90% |
Top 10 Holdings
49.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.37% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 6.28% |
| Alphabet Inc. | GOOGL | 6.21% |
| AutoZone, Inc. | AZO | 5.42% |
| Mastercard Incorporated | MA | 5.11% |
| Moody's Corporation | MCO | 4.91% |
| CME Group Inc. | CME | 4.72% |
| The TJX Companies, Inc. | TJX | 3.77% |
| Nestlé S.A. | NESN | 3.51% |
| Oracle Corporation | ORCL | 3.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $1.22925 | Dec 5, 2024 |
| Dec 5, 2023 | $0.07409 | Dec 5, 2023 |